The concept of limited liability arguably underpins the upsurge in prosperity since the Industrial Revolution. The facility of limiting one’s risk in an enterprise to
Category: Legal
After 70 per cent jump in FY20, liquidation cases under IBC set to surge amid Covid crisis – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com While recent amendment bans insolvency on Covid defaults, 3,774 cases already admitted under IBC face a dim future With the Covid-19 pandemic causing
Amrapali case: ED to question JP Morgan officials including Chinese director – The Economic Times
Clipped from: https://economictimes.indiatimes.com The apex court said that the money would be used for completing the pending projects of the now defunct Amrapali Group. Officials probing
Supreme Court seeks govt response on plea challenging IBC Act validity – The Financial Express
Clipped from: https://www.financialexpress.com The apex court also asked parties to maintain a status quo with regard to the pending applications filed by homebuyers with the NCLT
Supreme Court: Consider interest waiver during moratorium – The Financial Express
Clipped from: https://www.financialexpress.com Earlier, the RBI had also informed the SC that any “forced” interest waiver on loan moratorium will risk financial viability and hurt banks
Supreme Court stays Delhi HC’s order on more time to file Cenvat credit – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Final hearing on the AGR issue will be in the SC on Tuesday Final hearing on the AGR issue will be in the
authority for advance ruling: Goods purchased, sold overseas liable to GST in India: AAR – The Economic Times
Clipped from: https://economictimes.indiatimes.com Experts said the ruling on supplies goods bought from abroad and sold to a customer in another country without entering the Indian territory
Move to make cheque-bounce a compoundable offence isn’t right – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com If the intention is to reduce the piling up of cases in court, a better way would be to restrict the usage of
Supreme Court: Consider interest waiver during moratorium – The Financial Express
Clipped from: https://www.financialexpress.com Earlier, the RBI had also informed the SC that any “forced” interest waiver on loan moratorium will risk financial viability and hurt banks
Insurer must prove fraudulent claim | Business Standard Column
Clipped from: https://www.business-standard.com The policy would also pay double the amount, in case of death of the policyholder Dalbir Kaur had a policy from Bajaj Allianz
In relief to BSR and Deloitte, Supreme Court refuses to stay Bombay HC judgment – The Financial Express
Clipped from: https://www.financialexpress.com While seeking response from the two auditing firms, the top court clarified, “this order shall not affect any orders granting or refusing bail
India’s contract labour laws are riddled with incentives for corruption | Business Standard News
Clipped from: https://www.business-standard.com The migrant workers’ crisis is also the tragedy of contract workers, who have been growing in numbers over the years The aftermath of
All you wanted to know about ‘force majeure’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com If you are homebuyer who invested in a building project ahead of the pandemic or a policyholder who has signed up for life
Unlock 1.0: DLF offers rent waivers to mall tenants – The Financial Express
Clipped from: https://www.financialexpress.com Under the new proposal, DLF Shopping Malls is offering rental partners a 100% waiver on MG rent for the entire lockdown period till
Adjudication must be completed in prescribed time limit, says expert | Business Standard News
Clipped from: https://www.business-standard.com/article/sme/adjudication-must-be-completed-in-prescribed-time-limit-says-expert-120061501284_1.html If adjudication is not completed within the prescribed time limits, it will be deemed that no SCN was issued, say expert The Taxation
Don’t entirely decriminalise cheque bounce offences, AIBEA tells Finance Ministry – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com ‘Set limits beyond which such offences should attract criminal prosecution’ The All-India Bank Employees Association (AIBEA) has suggested threshold limits be fixed for
NCLT allows Jet Airways to sell office in Bandra Kurla Complex – The Hindu BusinessLine
The NCLT has allowed Jet Airways to sell its premises in Bandra Kurla Complex (BKC) to settle Rs 360 crore dues of mortgage lender HDFC,
Labour reforms still a perennial hot potato in India – The Financial Express
Clipped from: https://www.financialexpress.com/ The Narendra Modi regime hasn’t made much headway either, although at the very beginning of Modi 1.0, it embarked on the reform path
IBC: Government’s Covid-19 insolvency relief may be a double-edged sword – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ The directives of the Central Government to tide over these trying times are laudable. However, many of these changes are myopic and will
SC wants FinMin, RBI to meet in 3 days to decide on waiver of interest charged during moratorium – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com The Supreme Court, on Friday, asked the Finance Ministry and the Reserve Bank of India to hold a meeting within three days to
aniltikotekar4sme.com 